On April 10, 2023, Burak Alici, a member of the Board of Directors (the “Board”) of Pontem Corporation (the “Company”), notified the Board of his decision to resign as a director of the Company effective immediately. Mr. Alici has been a member of the Board since the Company's initial public offering (“IPO”) and was the Lead Director of the Board. Mr. Alici's resignation was not due to any disagreement with the Company.

Effective as of April 10, 2023, the Board appointed David Hagen, age 50, to serve on the Board. Mr. Hagen will serve as a Class III director of the Company. Mr. Hagen is the Director of Business Development at QVIDTVM responsible for investor relations, marketing, and partnerships.

Prior to QVIDTVM, Mr. Hagen was head of Institutional Equity Sales at Stephens Inc. He has over 20 years of equity capital markets experience helping companies raise capital. He specialized in working with mutual funds, hedge funds and investment partnerships, helping them deliver returns to investors. Prior to Stephens, Mr. Hagen spent 9 years at William Blair as a partner in equity sales helping the firm establish its New York office.

He also worked for Thomas Weisel Partners and Lehman Brothers Inc. in New York and San Francisco. Mr. Hagen received a B.S. in Political Science from Santa Clara University. The Company believes that Mr. Hagen's extensive experience advising public and private companies on investment management, business development and other corporate matters make him well qualified to serve on the Board.